Logo ofMinistry of Commerce
TheMinistry of Commerce issued 160,540commercial registers in Q42024,a rise of 67% from95,860in the year-earlierperiod, according to its quarterly bulletin on the performance of the local business sector. 
Women accounted for 46% of the total registrations in Q4 2024.
Geographically, Riyadh, Makkah and Eastern Provincecame on topin terms of the number of commercial registers issued during thethree-month period,with rises ofabout39%,17% and16%, respectively,as indicated in the following table:
Top 5 Provinces by Issued Commercial Registers in Q4 2024
Province
Number of Registers
Ratio to Total
Riyadh
62906
39 %
Makkah
27700
17 %
Eastern Province
25682
16%
Qassim
8674
5%
Asir
8197
5%
Others
27380
17%
Total
160539
100%
In detail, about 33,380 of the total commercial registers were issued by the ministry in Q4 2024 for limited liability companies, with 12 others were granted to limited partnerships.
Further, as many as 118 commercial registers were issued to joint-stock companies, while 80 and 102 others were handed over to simplified joint-stock and general partnership firms, respectively.
The total commercial registers reached 1.61 million in all regions, including 1.19 million for institutions and 413,470 for companies.
Of the active commercial registers, 38% are owned by young people, and 30% are owned by women.
Riyadh topped the regions in terms of existing records with about 533,330, or 33%, of the total. Makkah followed with about 349,380 registers,as shown below:
Commercial Registers by Q4 2024-end
Province
Number of Registers
Ratio to Total
Riyadh
533334
33%
Makkah
349377
22%
Eastern Province
250625
16%
Asir
89496
6%
Madinah
86311
5%
Qassim
80688
5%
Jazan
58981
4%
Tabuk
38939
2%
Hail
35063
2%
Najran
32206
2%
Al-Jouf
21657
1%
Northern Borders
16452
1%
Al-Baha
13040
1%
Total
1606169
100%
Logo ofMinistry of Commerce
TheMinistry of Commerce issued 160,540commercial registers in Q42024,a rise of 67% from95,860in the year-earlierperiod, according to its quarterly bulletin on the performance of the local business sector.
Women accounted for 46% of the total registrations in Q4 2024.
Geographically, Riyadh, Makkah and Eastern Provincecame on topin terms of the number of commercial registers issued during thethree-month period,with rises ofabout39%,17% and16%, respectively,as indicated in the following table:
Top 5 Provinces by Issued Commercial Registers in Q4 2024
Province
Number of Registers
Ratio to Total
Riyadh
62906
39 %
Makkah
27700
17 %
Eastern Province
25682
16%
Qassim
8674
5%
Asir
8197
5%
Others
27380
17%
Total
160539
100%
In detail, about 33,380 of the total commercial registers were issued by the ministry in Q4 2024 for limited liability companies, with 12 others were granted to limited partnerships.
Further, as many as 118 commercial registers were issued to joint-stock companies, while 80 and 102 others were handed over to simplified joint-stock and general partnership firms, respectively.
The total commercial registers reached 1.61 million in all regions, including 1.19 million for institutions and 413,470 for companies.
Of the active commercial registers, 38% are owned by young people, and 30% are owned by women.
Riyadh topped the regions in terms of existing records with about 533,330, or 33%, of the total. Makkah followed with about 349,380 registers,as shown below:
Commercial Registers by Q4 2024-end
Province
Number of Registers
Ratio to Total
Riyadh
533334
33%
Makkah
349377
22%
Eastern Province
250625
16%
Asir
89496
6%
Madinah
86311
5%
Qassim
80688
5%
Jazan
58981
4%
Tabuk
38939
2%
Hail
35063
2%
Najran
32206
2%
Al-Jouf
21657
1%
Northern Borders
16452
1%
Al-Baha
13040
1%
Total
1606169
100%
